3404 Overcup Oak TERRACE, Sarasota, FL, 34237 | $279,900

Resort style living located in the ONLY Resident Owned Park in the City limits of Sarasota!!
This one owner very well maintained and cared for Turnkey furnished Manufactured Palm Harbor home has extra notable upgraded features. The entire home has been sheet rocked and has cathedral high ceilings. Additionally, the living room ceiling features a unique architectural design, trey ceiling and natural sunlight from the large windows and decorative transom's above. The living room is fully furnished, a flat screen TV and sliders leading to the North facing gem of a sun room. In 2019 the removeable acrylic windows were updated and the luxury rattan patio set allows for year round use and entertaining. The kitchen has tile floors and a decorative backsplash, a breakfast counter with 2 chairs, lots of cabinets for storage, a 2020 Frigidaire refrigerator, 2014 built in microwave, dishwasher, stove and stainless sink. The formal dining room is just off the kitchen and living spaces and features a beautiful expandable wood table with 6 chairs. Just off the kitchen is a nook space with a desk to keep your computer and important papers organized. The large primary suite has a separated king bed and dresser set. a double pass thru closet and shoe racks. The en suite bath has a long double sink vanity, step in shower, linen closet and WC. The guest bedroom has 2 twin beds (allowing room for a king if preferred) a dresser set and closet. Just off the entry hall there is a full size guest bath with tub/shower and a closet housing the 2021 LG stainless tub washer and a GE dryer.
Other notable upgrades include a 2022 Metal Roof Over on house and Florida room, in 2022 1/2 the carport was replaced, 2019 York HVAC system and the covered patio off the Sun room and carport allows for additional outdoor seating or golf cart parking.
The shed houses 2 bikes, a grill, beach chairs, etc. This home is ready for you to drop your bags and head to the pool or our beautiful sandy white beaches.

The gated 90 acre community boast low maintenance fee with its vast amenities starting with the large Clubhouse outfitted with a full commercial cook kitchen, event stage, audio/visual, dance floor, fitness room, activities hall, library with books/movies/puzzles and a pool table. Outside recreation includes an extra large heated pool with a handicap ramp, a spacious kidney shaped hot tub, ample tables and lounge chairs and remodeled shower rooms. Oak trees shade the beautiful park area, picnic tables and a community grill. Additional amenities to enjoy are the community putt putt course, bocce ball, ping pong, horse shoes and corn hole. Oakwood Manor is a highly social community with many groups and activities to be a part of. We are located adjacent to Legacy Trail and 12 new pickle ball courts managed by the City. Close to downtown, shopping and dining. Please note that Oakwood is a NO pet and NO motorcycle Park.

Features

  • Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Maintenance, Park, Pool, Recreation Facilities, Shuffleboard Court, Spa/Hot Tub, Vehicle Restrictions
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, Inside, Washer Hookup
  • Year Built: 2000
  • Garage: Covered, Driveway
  • Heating: Central, Electric
  • Cooling: Central Air, Humidity Control
  • Approx Sq. Feet: 1,242
  • Acreage: 0.09
  • Est. Taxes: $1,089
  • HOA Fee: $180 Monthly
  • Lot Desc: City Lot
  • Adult Communities: Yes
  • Pet Policy: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4629787
  • Days on Market: 0 day
  • Website: https://www.raveis.com
    /prop/A4629787/3404overcupoakterrace_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/22/2024 9:32:08 PM)
Listing courtesy of PALM REALTY SERVICES LLC   Phone: 941-953-9682

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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3404 Overcup Oak TERRACE, Sarasota, FL, 34237

$279,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $223,920 $223,920 $223,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $91 $91 $91
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,490 $1,488 $1,920
Total Monthly Payment $1,656 $1,654 $2,086

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.